Summary · Havila Shipping ASA achieved a result before tax of NOK 66,7 mill in 2nd quarter of 2007 compared to NOK 68,9 mill in 2nd quarter 2006. · Result for the 1st half year ended at NOK 94,4 mill compared to NOK 105,9 mill in 2006 · Operation margin (EBITDA) in 2nd quarter 2007 was 65 %, compared to 60 % in same period of last year · Total income in this quarter ended at NOK 139,8 mill, against NOK 165,5 mill in 2006 · The company has 10 vessels in operation as per 30.06.2007, against 18 vessels per 30.06.06, and has a new-building program of further 12 vessels Please find attached press release and figures.